Obviously, the devil is in the details regarding the Mihm signing, but assuming the Lakers didn't go hog wild with years and money, it certainly doesn't hurt. Even coming off an injury, Mihm is almost certainly the best big remaining on the FA market (unless I'm missing a blue-chipper somewhere). I'm sure more info will come out tomorrow at D-Fish's news conference. Click below the jump to read the news release from the team. SLIGHT UPDATE: The deal is for three years.

Or maybe not.

EVEN BETTER UPDATE: Terms are in. Two years, $5 million. That's a very good figure for the Lakers. No harm, no foul. If he's healthy, Mihm will be much more than a $2.5-million value.

-- BK

EL SEGUNDO –- The Los Angeles Lakers have re-signed free-agent center Chris Mihm, it was announced today by General Manager Mitch Kupchak. Per team policy, terms of the agreement were not released.

Mihm, 28, missed all of last season while recovering from surgery on his right ankle. Originally injuring the ankle in the closing seconds of the Lakers' March 12, 2006, contest versus Seattle after tallying 20 points, 13 rebounds and three blocked shots, Mihm missed the remainder of the 2005-06 season, with the exception of a brief appearance in the team’s season finale, and was forced to sit out the Lakers first round playoff series against Phoenix.

In 59 games (56 starts) during the 2005-06 campaign, Mihm averaged a career-best 10.2 points on 50.1 percent shooting from the field while averaging 6.3 rebounds and 1.24 blocks in a career-high 26.1 minutes. On the year, Mihm recorded seven double-doubles while leading the team in scoring once and in rebounding on 16 occasions.

Finishing his collegiate career as the University of Texas’ all-time leader in blocks (264) while ranking second in rebounds (945), second in double-doubles (47) and 13th in scoring (1,404), Mihm was selected by the Chicago Bulls with the seventh overall pick in the 2000 NBA draft and was named to the 1999-2000 Schick NBA All-Rookie Second Team.

In six NBA seasons, Mihm has posted career averages of 8.0 points, 5.5 rebounds and 1.07 blocks in 395 games (251 starts).

In two seasons with the Lakers, Mihm is averaging 10.0 points, 6.5 rebounds and 1.35 blocks.